Latin America Medical Holography Market

Latin America Medical Holography Market is expected to touch $82 million by
2021 | Market Data Forecast
The Latin America Medical Holography Market was worth USD 22.7 million in 2016 and
estimated to be growing at a CAGR of 29.16%, to reach USD 82 million by 2021. Medical
Holography is the technology by which medical professionals can generate three
dimensional structures of the interior organs inside the body of a patient. This assists
doctors in inspecting the organs of a body on a desktop screen, preventing the requirement
for dissecting through the body. Using this technology, doctors can manipulate, dissect and
view internal organs, which are rebuilt above a desktop screen. The high growth rate of this
market can be attributed to its usefulness in the medical field.
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Medical professionals currently build a three dimensional model in their mind from a set of
two dimensional images of internal organs of patients. Significant efforts need to be
invested to imagine the 3D structure which can be prevented with this technology. It also
assists them in getting a 3D view of abnormal structures like the jumble of ribcages and
broken bones of someone injured in a road accident. Development of technologies for
virtual colonoscopy is under progress, by which the uncomfortable method of inserting a
colonoscope inside the body can be avoided. Heart ailments in very young patients can be
treated with precision and ease, since structures like congenital abnormalities, narrowings
and aneurisms are difficult to imagine.
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Market Segmentation
Product Type
Holographic Displays
Holographic Prints
Holography Microscopes
Holoscopes
Holography Software
Y-o-Y Growth Analysis, By Product Type
Market Attractiveness Analysis, By Product Type
Market Share Analysis, By Product Type
End Users
Research Laboratories
Hospitals and Clinics
Academic Medical Centres
Pharmaceutical and Biotechnology Companies
Y-o-Y Growth Analysis, By End Users
Market Attractiveness Analysis, By End Users
Market Share Analysis, By End Users
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Application
Medical Imaging
Biomedical Research
Medical Education
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
The Latin America Medical Holography market is driven by growth in the applications of
holography in medical field, emergence of holography as a useful technology in
representing abnormal 3D structures and rising adoption of holography in medical and
biomedical research. However, factors like high price of computation of holographs &
equipment and some machines rendering imprecise holographs are hampering the growth
of this market.
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The Latin America Medical Holography market is segmented on the basis of product type
into holographic displays, holographic prints, holography microscopes, holoscopes and
holography software. By application, the market is segmented into medical imaging,
biomedical research and medical education. On the basis of end users, the market is
categorised into research laboratories, hospitals and clinics, academic medical centres and
pharmaceutical and biotechnology companies.
The Latin America Medical Holography market is divided based on geography into Brazil,
Argentina, Chile and other parts in the region. The market in the region is still in its nascent
stages. Factors like rising investment in the field for innovation and efficacy of this
technology in the medical field is expected to drive the market growth in the region.
Some of the major players in the market include EchoPixel, Inc. (U.S.), Lyncee Tec
(Switzerland), Eon Reality (U.S.), Holografika Kft. (Hungary), Realview Imaging Ltd. (Israel),
Mach7 Technologies Pte. Ltd. (Australia), Ovizio Imaging systems (Belgium), Holoxica Ltd.
(U.K.), zSpace, Inc. (U.S.), Zebra Imaging (U.S.), and NanoLive SA (Switzerland).
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Latin America Medical Holography Market was worth USD 22.7 million in 2016 and estimated to be growing at a CAGR of 29.16%, to reach USD 82 million by 2021